Forex Peace Army

What Forex Peace Army does

Forex Peace Army (FPA) operates a community-driven, web-based forex broker review platform founded in 2005 by Dmitri Chavkerov after he was defrauded by several forex companies. The platform's core product is human-moderated trader reviews of forex brokers, signals services, and training programs, supplemented by a Scam Investigations Committee-maintained database of flagged firms, active discussion forums, and free trading tools including an economic calendar, currency converter, charts, currency strength analyzer, calculators, and a Commitment of Traders (CoT) report tool. The platform also operates a content library with multiple authored books and a structured trading course (Forex Military School), plus contributor blogs covering forex, gold, and crypto markets.

Underlying technology is a self-built community review platform with proprietary human-moderation workflows — every review is read by human editors and verified before public posting, a position the company markets explicitly as differentiation versus algorithm-driven review sites. The platform supports native mobile apps in addition to the website and maintains an email newsletter ("Core Members List") for regulatory and broker-related notifications.

The business model is advertising-supported: all user-facing services are free, and revenue is generated through display advertising and sponsored broker placements on the platform. The company is private, founder-owned, and bootstrapped with no disclosed institutional investment. FPA serves a globally distributed retail trader audience across at least 12 countries (USA, UK, Australia, New Zealand, Malaysia, Indonesia, Philippines, UAE, South Africa, Nigeria, India, Canada) and claims over 5,000,000 annual visitors.

Name

Forex Peace Army

Legal name

Forex Peace Army

Website

https://forexpeacearmy.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Forex Peace Army is a privately held, ad-supported online community founded in 2005 that publishes human-moderated trader reviews of forex brokers, signals services, and training programs, alongside scam alerts, forums, and free trading tools, serving retail forex traders globally.

Ownership category

akta.pro rank

Product category

Financial Services Review Platform

NAICS

Securities and Commodity Exchanges (5232), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Prepackaged Software (7372)

akta.pro primary industry

Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)

akta.pro secondary industry

Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK)

Keywords

• Forex broker reviews
• Trader community platform
• Forex scam warnings
• Trading education resources
• Forex market analysis

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Advertising: The platform displays advertisements to generate revenue. Forex Peace Army explicitly states they make money through advertisements but do not endorse any advertised product or service.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Forex Peace Army operates a community-driven, human-moderated forex broker review platform established in 2005. The platform aggregates trader-submitted reviews of forex brokers, signal services, and training programs, supplemented by a scam database, community forums, free trading tools (economic calendar, currency converter, charts, currency strength, calculators, CoT report), and educational content including a forex trading course and books. All core services are free to users, with revenue generated through advertising displayed on the platform.

Product overview

Forex Peace Army operates a community-driven forex trading review platform established in 2005, featuring human-moderated trader reviews of forex brokers, signals services, and training programs. The platform integrates a scam database, community forums, and free trading tools including an economic calendar, currency converter, forex charts, currency strength analysis, calculators, and CoT report tools. The service also provides educational content through multiple blogs (Sive Morten Blog, Pharaoh's Financial Blog) and a comprehensive forex trading education library including the Forex Military School course, Forex Hacking book, and From Dairy Farmer to Forex Trader book. All core services are free, supported by advertising revenue.

Differentiator

Problem solved

Functional benefit

Products and services

• Forex Broker Reviews
• Forex Signals Reviews
• Forex Training Reviews
• Forex Scam Database
• Forex Forums

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Forex Factory: Forex Factory is a long-running forex forum and economic calendar platform serving retail traders. It is directly comparable to FPA: same audience (retail forex traders), same content pillars (forum, calendar, broker discussion), and same ad-supported model.
• BabyPips: BabyPips is one of the most recognized forex education and community platforms for retail traders, with a flagship school (Babypips School of Pipsology) and active forum. Like FPA, it monetizes via advertising and serves the same beginner-to-intermediate retail forex audience.
• WikiFX: WikiFX is a global forex broker regulatory information and review database. It is highly comparable to FPA's broker review and scam-warning products, and competes for the same 'broker legitimacy check' use case across international retail traders.
• FXStreet: FXStreet is a forex news, analysis, and economic calendar site for retail traders. It overlaps with FPA's tools, news, and analysis content and targets the same global retail forex audience with an ad-supported model.
• DailyFX: DailyFX is a forex news, education, and analysis platform operated by IG Group. It competes with FPA on forex content, education, and market analysis for retail traders, and shares the ad-plus-educational monetization mix.

Broad incumbents

• Trustpilot: Trustpilot is the dominant general-purpose consumer review platform. While not forex-specific, it is a clear structural comparable: human-reviewed business ratings, ad- and SaaS-driven revenue, and a global user base. FPA is essentially a verticalized, human-moderated Trustpilot for forex brokers.
• SiteJabber: SiteJabber is a consumer review platform covering online businesses including financial services. It overlaps with FPA on the use case of 'vetting a financial services company before signing up,' though it is not niche to forex.
• Investing.com: Investing.com is a major financial portal offering news, analysis, and tools for forex, stocks, and commodities. It competes with FPA for retail trader attention on forex content, charts, economic calendar, and broker-related search intent.

Emerging players

• BrokerChooser: BrokerChooser is a broker comparison and review site covering forex/CFD brokers with a more research-driven, professional editorial style. It is an emerging, partial competitor in the same 'help me pick a broker' use case FPA serves, with an affiliate-leaning monetization model.
• Myfxbook: Myfxbook is a forex social trading and verified-statistics platform where traders can share and validate trading performance. It is comparable to FPA on the 'community-driven trader transparency' angle, though its core focus is verified track records rather than broker reviews.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ForexPeaceArmy_
• YouTubeyoutube.com/@fpa
• Facebookfacebook.com/gardencommunitiesca
• LinkedInlinkedin.com/company/forex-peace-army

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forex Peace Army